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Tenpay Global

Avanse net profit jumps 47% to Rs 502 crore in FY25

Avanse net profit jumps 47% to Rs 502 crore in FY25

11 Sep 2025, 12:55 PM

The company’s assets under management (AUM) stood at Rs 18,985 crore as on March 31, 2025 as compared to Rs 13,303 crore in the previous financial year.

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

25 Jul 2025, 14:48 PM

The Bengaluru-based API infra company Setu has appointed former Razorpay executive Prashanth Nimmagada as its chief technology officer.

PayPal partners with India

PayPal partners with India's NPCI, others to launch global payments platform

23 Jul 2025, 15:06 PM

Apart from India's NPCI, PayPal has also partnered with Brazil’s Mercado Pago, Tencent Holdings’ Tenpay Global, and its own subsidiary Venmo.

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Fintech Highlights

  1. Tiger Global-backed Jar premises searched by Karnataka CID

  2. Finanjo Ventures bags pre-seed funding led by AJVC

  3. Xflow secures Series A funding led by General Catalyst

  4. Airtel to invest Rs 20,000 crore in NBFC subsidiary

  5. Progcap FY25 revenue jumps 93% to Rs 268 crore
  6. Read more news...

AI/Emerging Tech

  1. S2.dev secures $3.85 million led by Accel

  2. Robotics startup Armatrix raises $2.1 million funding led by pi Ventures

  3. Kris@Work raises seed funding led by Info Edge Ventures

  4. OptoML raises pre-Series A funding led by Bluehill VC, a99VC

  5. Hirebound raises seed funding led by Kalaari Capital
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
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Money & Machines

  1. AI everywhere. Fintech...somewhere; India's AI groundwork

  2. The Wegofin episode; India's AI optics vs spending reality

  3. Watergate's legacy meets the scarcity of money and the rise of AI

  4. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar